Steve Derrick FTSE100 Review

System: Steve Derrick FTSE100 Review

Description:

Type of Trading: Real

Broker: GKFX

Started: Aug 13, 2014

Views: 12

Tracking: 0 users

Currency Pairs: GOLDSB, UK100S

 

 

 

 

 

Overview: Steve Derrick FTSE100 Review Myfxbook system has made +405% in 244 trades since Aug 13, 2014. The average winning trade is about37.83 pips / , and the average trade with a loss around -36.09 pips / . Trades are left open on average for 1d.

(63/105) 60% is the winning percentage of its buy trades and (79/139) 56% is the winning percentage of its sells.

(Oct 31) 559.0 was the best trade it ever produced. (Nov 14) -186.0 was the worst.

Pros & Cons

Pros

  • Average win is greater than 10 pips, some I always look for
  • 36.09 SL, usually asking for trouble.
Cons

  • Looks like a risky system with large drawdowns.